“The Senate Democratic leadership – all of them, Harry Reid, Chuck Schumer, Dick Durbin, Patty Murray, Debbie Stabenow and Mark Begich – planned a morning press conference today where they will call for job creation measures, or stimulus, to be included in any debt limit deal. They will say that deficit reduction cannot bring Americans back to work, and that recent soft numbers for the economy demand that jobs get the primary attention. According to the press release “they will urge the negotiators to consider new proposals to boost hiring in the short term at the same time that they pursue a plan to bring down the debt in the long term.” The phrase “equal priority” is in there as well.”

“The debt-reduction package emerging in talks between the White House and congressional leaders would not “fundamentally change” the alarming rate of growth in the national debt, the chairman of the Senate Budget Committee said Tuesday.

Sen. Kent Conrad (D-ND) said the goal of slicing more than $2 trillion from the federal budget by 2021 falls far short of the savings needed to stabilize borrowing, reenergize the economy and avert the threat of a debt crisis.

“A $2 trillion package sounds big, but I think most serious observers would tell you that it takes a package of at least $4 trillion to fundamentally change the trajectory we’re on,” Conrad told reporters.”

“Democrats are increasingly concerned that Republicans are setting them up to endorse large spending cuts in a deal to raise the national debt limit without giving ground on anything — even GOP-friendly policy measures like tax cuts for business owners — to stimulate the economy in the near-term.

…”I don’t like to question my colleagues’ motives,” noted Senate Majority Leader Harry Reid (D-NV) during his weekly Capitol press conference Tuesday, “but whether they work with us to pass these policies, or continue opposing ideas they once supported, will tell us a lot.”